LITUSD Potential 50% Profit - (10.58) - Beetlejuice Analysis. Good luck.
Stepping out of my comfort zone and doing some technical analysis on a coin that has only been trading live for a few days: Litentry (LIT). Using our margin buying support levels, we can predict a 2x move up to $14 from the most recent support level of $7.00. Entering this trade on 2x isolated margin under $8 is ideal, because it places your stop loss below $4.11,...
LIT seems to have formed a beautiful ascending channel. Right now we are testing the middle level of this channel which also coincides with our support line which represents a key level we need to hold to go higher. If we should fail and fall under $7, it will not be too concerning as we have support lower as well, just above $5. LIT has done a great run and we...
LIT has done an amazing race so far with three green daily candles since launch on Binance. Who can complain? Today we nearly touched $10 before being pushed back and now we are continuing to correct from that top. Likely we will push higher from here and reach $10 and beyond soon. The volume on this coin has been huge today at over half a billion USD! That is...
LIT was launched yesterday on Binance and a day later, we're looking healthy! On daily timeframe we have just painted a second GREEN candle, unlikely it will close red looking at this chart. We just broke UP from the pennant which is a very nice bullish move. Indicators are looking great as well: MACD: expanding up - bullish RSI: Pumping - bullish Volume:...
Today Binance listed Litentry or LIT which is one of the newest addition on the exchange and to the DEFI family as a decentralized identity aggregation protocol. The fact that LIT was listed on Binance and is part of the Binance and Ethereum DEFI ecosystems makes this a very tempting proposal for some nice gains in the future. See here for more on LIT:...